Global Animal Feed Organic Trace Minerals Market Statistics: USD 1,302.7 Million Value by 2032

Summary:

• The global animal feed organic trace minerals market size reached USD 758.0 Million Billion in 2023.
• The market is expected to reach USD 1,302.7 Million by 2032, exhibiting a growth rate (CAGR) of 6.01% during 2024–2032.
• Asia Pacific leads the market, accounting for the largest animal feed organic trace minerals market share.
• Zinc accounts for the majority of the market share in the trace element type segment due to zinc’s widespread use across various animal species, particularly in poultry and swine.
• Poultry holds the largest share in the animal feed organic trace minerals industry.
• The rising awareness among the masses about nutritional benefits of animal feed organic trace minerals is a primary driver of the animal feed organic trace minerals market.
• The growing focus on health and productivity is reshaping the animal feed organic trace minerals market.

Industry Trends and Drivers:

● Nutritional benefits:

Organic trace minerals, like chelated minerals, are better absorbed by animals than inorganic ones. This ensures animals get enough essential minerals, boosting their health and performance. These minerals also lead to faster growth in livestock and poultry. This is vital for producers to meet market needs and improve feed efficiency. Moreover, organic trace minerals enhance animals' immune systems. Better immunity reduces disease, lowering vet costs and the need for antibiotics.

● Health and productivity:

Organic trace minerals boost animals' immune systems, making them disease-resistant. This reduces illness frequency and severity, preventing producers' losses. Adequate trace minerals also help animals handle stress from transport, environmental changes, or handling. Lower stress leads to better health and fewer stress-related diseases. These minerals also enhance digestion, improving health and reducing gut disorders. Healthier animals need less veterinary care and medication. So, better mineral nutrition cuts veterinary costs for producers.

● Sustainability trends:

Organic trace minerals are better for the environment than inorganic ones. They improve nutrient use, cutting waste in animal farming. This reduces the risk of manure pollution, aiding in the fight against soil and water contamination. They also boost feed conversion rates. This means animals need less feed for the same growth. It eases the demand on resources for feed production. By enhancing nutrient use, organic trace minerals make farming more sustainable, reducing the need for excess inputs.

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Animal Feed Organic Trace Minerals Market Report Segmentation:

Breakup By Trace Element Type:

• Zinc
• Iron
• Copper
• Manganese
• Selenium
• Others

Zinc represents the largest segment. Zinc is essential for numerous physiological functions in animals, including immune response and growth, making it the most widely used organic trace mineral in animal feed.

Breakup By Animal Type:

• Dairy Cattle
• Beef
• Poultry
• Swine
• Aquaculture
• Pets
• Others

Poultry accounts for the majority of the market share as poultry production requires high levels of trace minerals for rapid growth, optimal feed conversion, and disease prevention.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Asia Pacific enjoys the leading position in the animal feed organic trace minerals market. Asia Pacific has the largest livestock population and is experiencing rapid growth in meat and poultry production, driving the high demand for organic trace minerals in the region.

Top Animal Feed Organic Trace Minerals Market Leaders: 

The animal feed organic trace minerals market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Alltech
• Archer-Daniels-Midland Company
• BASF SE
• Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
• Cargill Incorporated
• Kemin Industries Inc.
• Koninklijke DSM N.V
• Novus International Inc. (Mitsui & Co. Ltd.)
• Nutreco N.V.
• Orffa Additives B.V.
• QualiTech
• Zinpro Corporation

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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